Spousal support and earning capacity

On Behalf of | Jun 12, 2021 | Divorce |

If you expect to receive spousal support from your ex or you will have to make payments in the near future, you need to familiarize yourself with your legal options and some of the factors that could affect your case. Go over key terms and understand how certain issues, such as one’s earning capacity, can play a role in spousal support awards.

Also known as alimony, spousal support can have a significant impact on the lives of each party after the divorce process.

How does earning capacity affect spousal support awards?

The Connecticut Judicial Branch outlines various topics related to earning capacity and spousal support. When it comes to alimony awards, courts take multiple factors into consideration, including each party’s earning capacity. Your earning capacity is not based on your actual income, but the amount you could potentially earn.

As a result, some people have to pay spousal support that is considerably higher than their current income allows.

Which factors impact earning capacity for spousal support?

There are a number of different factors that courts go over when determining one’s earning capacity. For example, the court could review your health, age, ability to find work and vocational skills. If you believe that your spousal support order is unfair, or you lose the ability to continue making payments as a result of significant financial changes, you should look into the possibility of modifying your spousal support order.

When getting a divorce, there are many financial considerations, such as alimony and property division. Make sure you take steps to safeguard your financial future.